Breakfast TV station, GMTV, is to see a significant reduction in the fee it pays to the Treasury each year in return for its ITV licence. The station, which is believed to be losing around £15 million a year, will pay a proposed tender of £20 million from January 1999; its Treasury payment last year… Continue reading GMTV Sees Cut In Treasury Payment
Front Row, the company which provides cable customers with a pay-on-demand movie service, has announced this week that it has begun searching for a public relations and advertising agency to spearhead its communications development into the digital era.According to its first set of buy rate figures, the movies-on-demand service was three times more popular than… Continue reading Front Row Seeks New Hands On Deck For Digital Launch
Internet service provider America Online has confirmed it has agreed to buy Netscape for £2.55 billion, spelling a radical shift in the internet industry (see Netscape And AOL May Merge). The agreement will consolidate AOL’s position as the world’s biggest on-line service and as a major rival to Bill Gates’ giant Microsoft. AOL will become… Continue reading Internet Wars Hot Up In AOL Deal For Netscape
BBC Parliament arrived on Sky’s digital satellite TV yesterday with live coverage of the State Opening of Parliament by Her Majesty the Queen.BBC Parliament provides live coverage of the House Of Commons, proceedings from the House Of Lords and about 25 hours of Select Committee coverage each week of the parliamentary year. The channel’s coverage… Continue reading BBC Parliament Goes Digital
Granada released its financial results today for the year ending 26 September 1998, reporting significant growth in its media and hospitality sectors.Pre-tax profit showed an increase of 13%, taking it up to £735 million, and turnover was at £3.98 billion, an increase of 10%. The Group’s earnings per share were up 13% to 57p.Granada’s four… Continue reading Granada Financial Results Reveal Growth
British Telecom has announced that it is to buy a 50% share in US-based Excite Inc’s British subsidiary, Excite UK. The agreement will further BT’s presence in internet advertising and transactions and brings it firmly into competition with the big Net names like Yahoo, Netscape Netcentre, Microsoft Network and America Online (AOL).Earlier today, AOL announced… Continue reading BT In A Partnership To Excite
Border TV and Chrysalis Radio have set up a joint venture to bid for regional digital radio licences, it has been announced. Together, the groups will apply for the London and key regional digital licences due to be advertised by the Radio Authority over the next few months. Late last week, the two groups announced… Continue reading Chrysalis And Border Create Digital Radio Venture
Agency estimates for October 1998 put total terrestrial TV ad revenue (including GMTV’s) at £277.28 million. Year on year ITV, Channel 4 and Channel 5 all show increases in their ad revenue and GMTV continues to lose advertising income.ITV’s Adults impacts dropped year on year for October, by 5.4% to 26,387; all categories bar Housewives/Children… Continue reading TV Round-Up – October 1998
Med TV, the satellite channel for Kurdish viewers in Europe, Turkey and the Middle East, has been warned by the Independent Television Commission (ITC) that it may have its licence revoked for failure to comply with the Commission Programme Code.The TV watchdog says that the channel has broadcast programmes which are an incitement to crime… Continue reading Satellite Channel Licence May Be Revoked
Revenue Agency estimates for October 1998 put total terrestrial TV ad revenue (including GMTV’s) at ďż˝277.28 million. Year on year ITV, Channel 4 and Channel 5 all show increases in their ad revenue and GMTV continues to lose advertising income.ITV’s total revenue was up by 6.3% to an estimated ďż˝192.7 million, C4’s rose by 14.2%… Continue reading TV Round-Up – October 1998
